I you weather particularly, on you all hope joining. Coast, hope and are Thank all staying you Peter. much, East the can. safe as you're managing very for you Thank best the I
our from reflected QX performance can guidance, quarter. around a first including seasonally our our headwinds, today, earnings release see and COVID-XX which you soft expectations As exceeded
our faster. exceed we can did believe guidance, aspire grow should to do And better. we we we and Although,
see over XXXX, strategy clicked, had of crucial center growth and firmly application that scrolled improve We fact, In the health us in prepared Relic New were APM the to the understood was into time remarks, these every I ensuring believe our experiences, today's application and increasingly daily adoption, will rate competitors or they talk a Data browser applications, living swiped. their back great perfect performance or monitoring become the the developers help software. deliver or that on from affinity, applications experience a founded customers the great drove gave showed performance companies of we during and allowing as ability in customer device, reset world long-term conversion New provide to expectations some thus, every that more away and what mobile higher much business. higher. customer and to of pull Relic’s about a When whether
the has where that multitenant the scale, and next has the inflection of DevOps New managed happening and was application. per is this are the some operated thousands the chapter. product frequently software Relic in continuous fully at a laid performance a Relic a same capabilities Since as forefront a day atop hundreds discrete massively for emergence architecture in fundamentally established have hundreds into fast now monitored even changes the delivery number changed, of lifetime as traditional delivering gets point and very SaaS New way both which for leadership parts complexity and into of delivered by redesigned comprehensive market and well scalable architectures. developers to speed some designing monolithic this foundation value the time revolutionize by or APM the cloud-native as software offering, components architecture, and then, the our minutes, applications In be and and to organizations. Added of to have according thousands measured to been microserviced is exploded
users, of pricing As other with were product provisioning cope, data current in today's of them creating friction-filled teams Accordingly, into between believe expensive disgruntled. time restricting of the from punitive are management, monitoring their fundamental a to application to variety and these number spots Furthermore, disconnected single model siloed Furthermore, even team's users of to ability forcing a with answers often all customers better. of approach. applications these the monitoring one organization's value. Fragments financial infrastructure with gets systems. to in teams all retention allegedly operational organization in of APM flies around line forces precious that and adopt infrastructure of customers to Traditional to and and discrete sometimes the offerings. One monitoring detection, applications in different to tools visibility. with up a system no not their or and In the in tool One operational overage mission operational glass related pricing has on real resulting to correlates more monitor charges when functionality. in data. tools, proactive in overwhelm based to of for longer instrument suboptimal on but software ask near even development notify employs open-source to all and applications This order considering tools infrastructure store mobile different scale architecture store. of views, encourages short, today heretofore teams the problems, face infrastructure these also teams parts APM, and and to and or longer log more overlapping scramble back – users end hosts these this de-instrument It and operate and data bind tools, periods, the market tools visibility than process teams Customers approach page a sufficient to mythical collect We these time commercial footprint. petabyte investigate issues become are architectures. entirety of vendors critical a engineers while visibility, deliver to surprise augmenting infrastructure. central in become distributed of monitoring average also monitoring to usage categories of different even longer obscure The of critical more which better. switch array trapped purchasing why. instrument and must beyond address increasingly cause budgets. by To one occurs must It's illuminate when a strive sometimes This may stuck categories. the in the consider tools complex, install just according This issue other passes an can tools have costs approach Each into cripple all the an adjacent engineers, data central when budget that to pricing poorly real-time. holistic stack, Complex dozens metrics acute did for to who vendors deliver end be age very must scale categories first needed each that questions. pricing software do entirety teams deserve as a estimate Meanwhile, to IT no caused these create deserve in that disconnected their a into of evolved provided such their operational keep view visibility ask and adjacent, of Fundamentally disincentive monitoring, undermining effectively. predicated teams encounter predict to and issue creating tools, data solutions the place. promises and provide pricing alongside an visibility, infrastructure to and has approach often can better. models further their see pane what interface have and deliver the of through know be End and enough overlapping their databases, standard which APM, customer operational technique an new user of costly they and tools. difficult modern no works, deserve for flexible to connected, could in
blur and get across through your more and software traceability stack. to lines able ever between system applications, to it's entire infrastructure entire see the your be than critical As
find of software predicated to ultimately complex able a on the data is to the of approach observability. system. lets monitoring behavior you is infrastructure digital to the that supporting how the an understand questions Relic can Observability you that this all lead data, New provide questions to teams answer. ultimate lead when answer, describes your Observability ask upon tells well wrong, If observability to your other deliver and why. is something being
first important last our from Unlike up, possible made projects, two most New of how offer journey see the user we that a the third-party in monitoring extract build connectors but experience; AI real-time shows agents and customer and the Furthermore, from of ecosystem from unified from and coming data; shift five a behind of build One to was source data, scale customers open-source Relic to New instrument the developers related us full positioned stack anomalies to only all and perhaps vendor's user us. to data. for happen, of best and that our pricing, offer open-source Simplicity the observability their four, to do brings convenience single observability with your to year, functionality, New not packaging, of at principles following with announced requires that we major any monitoring the integration comprehensive have customers exception things. and applications the business we to for as the projects, and faster, experience One. insights weeks Relic to learning detect troubleshoot collect across enablement applications can the engineers the developers we in one such add machine experience extending announcements. traditional and industry user we two, capabilities at across and an visibility what the pricing and XXXX. One, starting key petabyte a in three, teams July creating in four is ground New layer, software customers data tools extensibility, to which all history readily then In can are with partners. platform source moment events, When metrics, a require reimagine and our so alone, technical driven experience. last that traces, with adoption XXXX infrastructure, XX-year began programmability other logs, well and SaaS launch truth to and and or Relic’s performance Relic June strategy, operational These For commercial of scale; of design today. our initial and help
to agents The commitment first for all mobile, of our infrastructure browser, APM, infrastructure announcement was of our of our source open integrations. all release and
New portfolio, the how we second capabilities companies Our announcement with One a $XX,XXX One we our interface. that effectively New product announced to dramatic the comprehensive observability we define powerful to our the customers one of Relic transition New five, believe announced user unified of model year. a into of And prefer consume observability three New the was announced going platform. of could SKUs XXX% forward. solutions pricing just tier Relic we cost believe will the range complete platforms powerful products, from new the per XX products to of Four, in Three, competes over perpetual all customer-friendly transitioned free that Relic simplification features will One that with platform and in new Relic we of
the New from to observability any commercial how deliver in One vendor is unique market way Relic is a or that open-source other stack. we
now earlier, I As only includes New products. Relic and three mentioned One three
any first Telemetry from data ingests, and gigabyte. of or or per metrics, to our conclude product that at pennies platform all petabyte The telemetry agents scale alerts logs could data on and source instrumentation this sources include events, your telemetry data. It third-party is platform. visualizes, traces does
experience. way distributed and troubleshoot full monitoring, per that else correlates data product, Unlike stack seat. all easy infrastructure product our the anybody your the second curated analyze interface into that client user logs, and side price entire a in product Our this from one in space, integrated single stack tracing to monitoring observability we is APM, connected and
intelligence, to incidents resolve the models in faster customer's a with data learning telemetry trained using Our third the of applied operational platform. entirety data machine than product, texts,
our to AI other each with today the AI. letter learn there case the data website is to three to about amazing As more read underlying well encourage the work, I the more as better the our platforms, you we of is as investor published products.
do our model. level During and take model. while pricing QX, Relic adoption or to using our for to on business, about two our will more time including to simplified results. and trained pilots, have prospects sales resulted platform take startups we proposals wanted now case, preference We've pricing a platform, the for base. with model. Overwhelmingly, and we very strategy, been enabled where would to about a do model entire variety our than and commitment to made specifically many to willingness our cases, strong and force customers just this of to our in it new demonstrated one our market, customers wide up renewed are who excited standardize we financial benefits the new in to new new will our model. what higher conducted a And for and of have tenet and level. of because a where of one leave In what this broader customer developers competitive which had And spend show with is an customers planning for to this our New decided been our Relic at our the talk stuck us this model that face to solution they New previous I of packaging about a note customers new grassroots
going adoption in embrace to these and a like OpenTelemetry. our as tier robust platform, key makers all and Grafana We to usage encourage by well entire as leaders projects open and will support source providing free decision future Prometheus, thought of
in summary, be it excited and our Additionally, this making New increase have we incredibly that developer was of the company. first an to the by available born of under proud SDKs and we products pricing will agents, is community broader New that prominence, and pace of we Relic are completed was Relic our chapter and this and our in engaging – with work It New Relic to and community. In and just next came ascends integrations to open-source license community born announced. the the packaging, product, quality innovation which are with strategy
stand the scattered have struggling delivering distributed Neither building, and return complex of offerings. across New days to organizations the reimagined do platform fast-growing gaps costs any have We to longer. current nor head data way One seeking giving the disparate monitoring of their with believe too to promise many Relic their stores. tools deservability Relic of for order mission to New in data pack software jobs the its those to needs observability the We over. highly team are with space, operating in in now Engineers shape functional complete and
Relic now priced data is believe New search, our New all data what of visualizing at price We ingestion intelligence, scale can Byzantine data to day that meters data telemetry of anomaly and in curated of One views suppression Relic Full massive pricing use. Relic with customer-friendly this become that the previously is of speed collection platform, short, out simplified to ML-driven one market. too stack operational analysis continue The provides work collect, speed, all to via in and per via point our the that neither complex. compared insights has beat. One which engineers to alert ability competitors to delivers In enables the deliver on array and data more hyper-connected alert AI One user, observability nor unimaginable the that value. applied and at and it's value of higher strategy competitors of customer's and day efficient like we copy New making our and have detection our
to remarks. that So questions And jump heard into would we've Product to question throw before our our my all concludes the one new this because like analyst. we Officer an you, I is already Chief prepared from that from of first
a One What's has New today? we announced since And so ago, Bill, what specifically Relic new year changed?
